300 3rd Avenue SE, Fairfax, MN 55332
sale
$1,300,000
|
Other
Courtesy Of RE/MAX Advantage Plus
An exceptional redevelopment and investment opportunity awaits with the former GFW Middle School, situated on approximately 16 acres in the heart of Fairfax. Built in 1978, this expansive vacant campus offers tremendous potential for commercial, institutional, residential, or mixed-use redevelopment, subject to applicable approvals. The existing building features substantial square footage with classrooms, offices, common areas, gymnasium space, commercial kitchen facilities, and supporting infrastructure ready to be reimagined. Numerous capital improvements have already been completed, including a 2019 digital HVAC controls upgrade, fiber internet installation, digital fire protection system, upgraded kitchen hoods, updated classroom heating controls, security camera system, key card front entry access, 2008 boiler pumps, and 2019 water heaters. Portions of the roof remain under a service contract for added value. The property also adjoins a city park with baseball fields, volleyball courts, a playground, basketball court, and community garden. Appraised at approximately $6,000,000 in 2024, this landmark property presents an extraordinary opportunity with exceptional infrastructure and endless redevelopment potential.
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Property Features
- Age: 41-50 Years Old
- Heating System: Oil
- MLSID: 7119576
- Roof Type: Flat
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